Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe
Código 8903 (Harmonized System 2012 by 4 digits)
2024: US$1.3B, Total Trade Exchange
2024: US$1.27B, International Sales
2024: US$23.8M, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe was US$1.3B.
In 2024, the states with the most international sales in Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were Baja California (US$26.4M), Yucatán (US$544k), and Ciudad de México (US$309k).
The states with the most international purchases in 2024 were Nuevo León (US$9.21M), Ciudad de México (US$4.75M), Baja California (US$1.99M), Quintana Roo (US$1.55M), and Yucatán (US$1.08M).
In 2024, the main commercial destinations of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were United States (US$26.8M), Netherlands (US$190k), China (US$139k), Venezuela (US$56.5k), and Jamaica (US$40.6k).
The main commercial origins of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe in 2024 were Canada (US$8.93M), United States (US$5.87M), Japan (US$1.87M), China (US$1.14M), and United Kingdom (US$1.01M).
In the global context, the main exporting countries of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe in 2022 were Italy (US$3B), United States (US$1.73B), and France (US$1.32B). In the same year, the main importing countries of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were United States (US$2.84B), Malta (US$1.39B), and Canada (US$1.1B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.3B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe in Mexico (including international purchases and sales) was US$1.3B.
The visualizations show the net balance of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.
Net International Trade
#permalink to sectionMarch, 2025
- US$1.36M, International Purchases
- US$73.1M, International Sales
In March 2025, international sales of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were US$73.1M, while international purchases reached US$1.36M. The above results in a trade balance of US$71.8M.
Market Concentration
#permalink to section2025-Q1: US$6.67M, International Sales
The visualization shows the quarterly concentration of international sales of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe at state level.
In the first quarter of 2025, international sales were US$6.67M, being the states with the most sales Baja California (US$6.67M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionBaja California: US$26.4M, State with the Most International Sales (2024)
United States: US$26.8M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were Baja California (US$26.4M), Yucatán (US$544k), and Ciudad de México (US$309k).
In 2024, the countries with the most international purchases from Mexico were United States (US$26.8M), Netherlands (US$190k), China (US$139k), Venezuela (US$56.5k), and Jamaica (US$40.6k).
International Purchases
#permalink to sectionNuevo León: US$9.21M, State with the Most International Purchases (2024)
Canada: US$8.93M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were Nuevo León (US$9.21M), Ciudad de México (US$4.75M), Baja California (US$1.99M), Quintana Roo (US$1.55M), and Yucatán (US$1.08M).
The countries with the most international sales to Mexico in 2024 were Canada (US$8.93M), United States (US$5.87M), Japan (US$1.87M), China (US$1.14M), and United Kingdom (US$1.01M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 4.09%, Mexican share in global exports - 2022
- 0.77%, Mexican share in global imports - 2022
The visualizations show the global market for Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe. In both charts, Mexico stands out in order to identify its participation in the export and import market.
In 2022, the main exporting countries of Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were Italy (US$3B), United States (US$1.73B), and France (US$1.32B). In the same year, the main importing countries for Yachts and other Vessels for Pleasure or Sports; Boats (Boats) Rowing and Canoe were United States (US$2.84B), Malta (US$1.39B), and Canada (US$1.1B).